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Capital Importation: Q2:2022 Lowest Capital Imported since Q2 2021

Recently, the National Bureau of Statistics released the Capital Importation data for Q2:2022. Total Capital Imported into the economy grew by 75.34% YoY to USD1.54bn. We credit the growth to the low-base effect in Q2 2021. On a Quarter-on-Quarter (QoQ) basis, it declined by 2.40%, an indication that capital inflow might be thinning out already. On a half-year basis, capital importation grew by 11.76% YoY to USD3.11bn. Dissecting total capital flows by type of investment, Foreign Direct Investment grew to USD0.15bn (+88.73%YoY). Portfolio Investment and Other Investment grew to USD0.76bn (+37.35% YoY) and USD0.63bn (+156.16%YoY) respectively

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ARM Securities Limited
ARM Securities Limited

ARM Securities Limited is a full-service brokerage house that offers best-in-class brokerage services to local as well as foreign private and institutional investors. Formerly known as Hamilton Hammer, the Company commenced operation in 1994 and was acquired by ARM Investment Managers in 2008--an acquisition which has successfully re-positioned the company as a recognized brokerage firm in Nigeria. The Company is a dealing member of the Nigerian Stock Exchange (NSE) and is regulated by Securities and Exchange Commission (SEC). ARM Securities research team provides insightful commentaries on the Nigerian economy and its equity and debt markets using an approach which incorporates a thorough understanding of the fundamentals of the industries and companies under coverage. The research therefore adopts an integrated methodology of top-down analysis and bottom-up stock selection, which focuses on publicly quoted companies on the Nigerian Stock Exchange that are judged to offer the highest potential for earnings growth. In addition, its analysts provide periodic commentaries on a range of topical global and local issues which provide investing clients with a holistic view of the opportunities and risks in today’s financial market landscape. ​

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